October 2, 2023

Space Business Review September 2023

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September Investment Activity

August 30 – ReOrbit Oy, a Finland-based software-enabled satellite developer, announced that it raised $7.4m in a seed funding round led by Inventure VC, with participation from 10x Founders, Icebreaker.vc, Expansion and Yes VC.   

September 11 – UK-based space mission company Open Cosmos Ltd. announced that it raised $50m in a Series B investment round led by ETF Partners, Trill Impact and A&G.

September 19 – Space traffic management solutions start-up Kayhan Space Corp. announced that it raised $7m from Space Capital and EVE Atlas in a seed extension round.   

September 26 – Sierra Space Corporation, a Colorado-based commercial space infrastructure and services company, announced that it raised $290m in a Series B funding round led by MUFG Bank, Kanematsu and Tokio Marine & Nichido Fire Insurance that values the company at $5.3b.

Read more related news in Space Business Review September 2023.